JUGGLE: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
What changed
JUGGLE
NACE 47.400, Retail sale of information and communication equipment
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€108,310
2024 · €1.7m-€1.6m
Equity
€1.9m
2024 · €1.8m+€108,310
Cash
€506,478
2024 · €204,073+€302,406
Balance sheet total
€2.1m
2024 · €2.0m+€106,496
Largest movements
Assets
- Cash +€302,406
up €302,406 (+148.2%), from €204,073 to €506,478
mainly Current investments (+€197,700) and Net result for the year (+€108,310)
- Current investments -€197,700
down €197,700 (-17.6%), from €1.1m to €926,740
Equity and liabilities
- Reserves +€108,310
up €108,310 (+6.3%), from €1.7m to €1.8m
of which Distributable reserves: +€108,310
Income statement
- Gross operating margin -€1.7m
down €1.7m (-91.7%), from €1.9m to €157,789
- Taxes -€134,679
down €134,679 (-72.3%), from €186,402 to €51,724
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Result 2024
€1.7m
Gross operating margin
-€1.7m
Depreciation
-€276
Other operating charges
-€636
Financial income
+€16,560
Financial charges
+€3,005
Taxes
+€134,679
Result 2025
€108,310
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€117,489
Investment
+€197,700
Financing
-€12,783
Cash 2024
€204,073
From operations (derived)
+€117,489
Net result for the year
+€108,310
Depreciation
+€10,357
Receivables within one year
-€13,733
Deferred charges and accrued income
+€1,586
Trade debts
+€624
Tax, wage and social debts
+€5,597
Other debts
+€2,811
Accrued charges and deferred income
+€1,938
Investment (derived)
+€197,700
Current investments
+€197,700
Financing
-€12,783
Current portion of long-term debt
-€12,783
Cash 2025
€506,478
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,014,547 | €2,121,043 | +€106,496 | +5.3% |
| Fixed assets | 21/28 | €69,400 | €59,042 | -€10,357 | -14.9% |
| Tangible fixed assets | 22/27 | €69,203 | €58,846 | -€10,357 | -15.0% |
| Land and buildings | 22 | €55,328 | €45,921 | -€9,407 | -17.0% |
| Plant, machinery and equipment | 23 | €2,793 | €2,102 | -€691 | -24.7% |
| Furniture and vehicles | 24 | €11,082 | €10,822 | -€260 | -2.3% |
| Financial fixed assets | 28 | €196 | €196 | = | 0.0% |
| Current assets | 29/58 | €1,945,148 | €2,062,001 | +€116,854 | +6.0% |
| Amounts receivable within one year | 40/41 | €614,857 | €628,590 | +€13,733 | +2.2% |
| Trade receivables | 40 | €42,580 | €73,529 | +€30,949 | +72.7% |
| Other amounts receivable | 41 | €572,277 | €555,061 | -€17,216 | -3.0% |
| Current investments | 50/53 | €1,124,440 | €926,740 | -€197,700 | -17.6% |
| Cash at bank and in hand | 54/58 | €204,073 | €506,478 | +€302,406 | +148.2% |
| Deferred charges and accrued income | 490/1 | €1,778 | €193 | -€1,586 | -89.2% |
| Total equity and liabilities | 10/49 | €2,014,547 | €2,121,043 | +€106,496 | +5.3% |
| Equity | 10/15 | €1,827,879 | €1,936,189 | +€108,310 | +5.9% |
| Contributions | 10/11 | €6,386 | €6,386 | = | 0.0% |
| Reserves | 13 | €1,715,984 | €1,824,293 | +€108,310 | +6.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,714,124 | €1,822,433 | +€108,310 | +6.3% |
| Profit (loss) carried forward | 14 | €105,509 | €105,509 | = | 0.0% |
| Amounts payable | 17/49 | €186,668 | €184,855 | -€1,813 | -1.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €186,281 | €182,530 | -€3,751 | -2.0% |
| Current portion of amounts payable after more than one year | 42 | €12,783 | €0 | -€12,783 | -100.0% |
| Trade debts | 44 | €2,371 | €2,995 | +€624 | +26.3% |
| Suppliers | 440/4 | €2,371 | €2,995 | +€624 | +26.3% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €171,126 | €176,723 | +€5,597 | +3.3% |
| Taxes | 450/3 | €171,126 | €176,723 | +€5,597 | +3.3% |
| Other amounts payable | 47/48 | €0 | €2,811 | +€2,811 | |
| Accrued charges and deferred income | 492/3 | €387 | €2,325 | +€1,938 | +500.2% |
| Non-recurring operating income | 76A | €1,824,394 | €0 | -€1.8m | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,081 | €10,357 | +€276 | +2.7% |
| Other operating charges | 640/8 | €2,595 | €3,230 | +€636 | +24.5% |
| Gross operating margin | 9900 | €1,907,314 | €157,789 | -€1.7m | -91.7% |
| Operating profit (loss) | 9901 | €1,894,638 | €144,202 | -€1.8m | -92.4% |
| Financial income | 75/76B | €0 | €16,560 | +€16,560 | |
| Recurring financial income | 75 | €0 | €16,560 | +€16,560 | |
| Financial charges | 65/66B | €3,733 | €728 | -€3,005 | -80.5% |
| Recurring financial charges | 65 | €3,733 | €728 | -€3,005 | -80.5% |
| Profit (loss) for the period before taxes | 9903 | €1,890,905 | €160,033 | -€1.7m | -91.5% |
| Income taxes | 67/77 | €186,402 | €51,724 | -€134,679 | -72.3% |
| Profit (loss) for the period | 9904 | €1,704,503 | €108,310 | -€1.6m | -93.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,704,503 | €108,310 | -€1.6m | -93.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.